First Ship Lease Trust, a business trust, owns a fleet of vessels in various shipping sub-sectors in Asia, Europe, and internationally. The company is involved in leasing and chartering vessels on long-term bareboat charters to the international shipping industry; and on short-term time charters, or in pools or spot markets. As of December 31, 2021, it operated 11 vessels, which included eight small product tankers, one medium-range product tanker, one chemical tanker, and one Aframax crude oil tanker. The company was incorporated in 2007 and is based in Singapore. First Ship Lease Trust is a subsidiary of FSL Holdings Pte. Ltd.